general business

U.S. Silica Revenue Increases 19% Sequentially in 2017 Second Quarter

Overall tons sold totaled 3.638 million, up 63% compared with 2.237 million tons sold in the second quarter of 2016 and an increase of 7% sequentially from the first quarter of 2017.

August 11, 2017

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U.S. Silica Holdings, Inc. recently announced net income of $29.5 million for the second quarter ended June 30, 2017, compared with a net loss of $11.8 million for the second quarter of 2016.

Ferro Acquires Dip-Tech

Ferro paid $60 million for Dip-Tech, which is a privately held company headquartered in Kfar Saba, Israel.

August 10, 2017

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Ferro Corp. recently announced that it has acquired Dip-Tech Ltd., a provider of digital printing solutions for glass coatings.

Silica Aerogel Market to See 31.1% CAGR through 2022

The U.S. is the major consumer of silica aerogel, and its demand is expected to grow significantly during the forecast period.

August 10, 2017

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The worldwide market for silica aerogel is expected to grow at a compound annual growth rate (CAGR) of 31.1% through 2022.

Forterra Acquires Bison Manufacturing

A leading UK manufacturer of hollowcore precast concrete flooring, Bison has a highly automated manufacturing facility located at Swadlincote, Derbyshire.

August 9, 2017

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Forterra plc recently announced that it has entered into an agreement to acquire the trade and assets of Bison Manufacturing Ltd. from Laing O’Rourke plc for £20 million (approximately $26 million).

CARBO Achieves 111% Revenue Increase in 2017 Second Quarter

CARBO’s revenues for the second quarter of 2017 increased 111%, or $22.9 million, compared to the same period of 2016.

August 9, 2017

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CARBO® Ceramics Inc. recently reported financial results for the second quarter of 2017.

Morgan’s First Half 2017 Results in Line with Expectations

Morgan reported revenue of £518.9 million (approximately $675.8 million) in the 2017 first half, an increase of 9.2% as reported and 0.2% on an organic constant currency basis.

August 8, 2017

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Morgan Advanced Materials recently announced its financial results for the first half of 2017.

Vesuvius Reports Strong 2017 First Half Performance

Revenue for the 2017 first half reached £831.5 million (approximately $1.1 billion), a 24.4% year-on-year change (9.6% on an underlying basis).

August 7, 2017

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Vesuvius plc recently announced its results for the six months ended June 30, 2017.

Despite Cyberattack, Saint-Gobain Reports First Half Sales Increase

A June 27 cyberattack is estimated to have had a negative impact of €220 million (approximately $261 million) on Saint-Gobain’s 2017 first half sales.

August 4, 2017

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Saint-Gobain recently reported its results for the first half of 2017.

Second Quarter 2017 Net Sales Increase 17% for Ferro

All three of Ferro’s reporting segments delivered improved financial performance in the quarter.

August 3, 2017

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Ferro Corp. recently reported results for the second quarter ended June 30, 2017.

Corning Sales Strong in 2017 Second Quarter

Corning’s net sales reached nearly $2.5 billion in the 2017 second quarter, an increase of 6% compared to the prior year’s second quarter and 5% over the 2017 first quarter.

August 2, 2017

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Corning, Inc. recently released its financial results for the second quarter of 2017.